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My question is. my son and 2 of his fraternity brothers

Customer Question

Hi my question is...

Hi my question is. my son and 2 of his fraternity brothers signed a lease thinking they were going it was going to be there frat house. Well they found a place closer to campus and met with the previous guy that they signed the lease with, that they couldn't move in and didn't not have the money he wanting to afford it. they guy told them after they met it was fine and he would get some one else to move. Well a couple of months later he hit them with a lawsuit. Yesterday they went to court and judge ruled in the guy favor and told the boys since it was a group case they would old owe 20,000.00 to the guy. These are college kids with no money is there a way we can get the balance reduced or is there anything we can do?

Lawyer's Assistant: Because real estate law varies from place to place, can you tell me what state this is in?

Kansas

Lawyer's Assistant: Has anything been filed or reported?

No they judged ruled on it yesterday

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Hi. My name is ***** ***** I am a licensed attorney. I would be happy to provide assistance. Please keep in mind that our conversation does not include an attorney-client relationship and this is for general information purposes only.

Unfortunately, there is nothing that they can do to reduce the amount owed. They can negotiate with the creditor to see if he will accept a payment plan. The only other real option is for them to file bankruptcy. Since they presumably do not have any assets yet, the bankruptcy would discharge the debt and they would not lose anything. This would affect their credit for the short term though. If they choose this course, they should absolutely meet with a bankruptcy attorney in-person to assess the value of this option.

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).